The $LUNC coin is currently positioned with a large portion of its supply locked up. To date, around 1.5 trillion tokens have been staked on validator nodes, while an unconfirmed report suggests that TFL could potentially burn an additional 2.65 trillion tokens. Furthermore, a total of 134 billion $LUNC has already been burned, permanently removing it from circulation.
$LUNC’s revival depends on the success of its repeg initiative. While the immediate outlook remains uncertain, the long-term outlook looks more promising, with potential recovery projected between 2027 and 2030.
If TFL decides to burn its entire asset reserve, this could accelerate the revival process, significantly increasing the coin’s value and market position.#WeAreAllSatoshi#Write2Earn!#BinanceLaunchpoolSCR#BTCUptober #BTCReboundsAfterFOMC
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